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you think that john boehner is making a mistake by rejecting tea party? i think the speaker makes a mistake and the tea party is not a group that embraces serious tangible of government that is traditionally work in this country. there are members of congress who got elected because, in fact, the tea party activists across the country were involved in the election. the tea partiers and outsiders -- i would remind john boehner that there was a time when he was the outsider that was an annoyance to the party leadership. i understand the speaker being annoyed when he has people within his caucus that are committed to a set of principles that they make it hard for him to make easy deals. but i would also remind him that people are not going to forsake their principles for something thats as insignificant and their life as a committee assignment remark that is right. >> if he thinks this is a party discipline, he is sadly mistaken. he often knows that from his own experience as a younger time in his service in congress. charles: representative, it has been set
you think that john boehner is making a mistake by rejecting tea party? i think the speaker makes a mistake and the tea party is not a group that embraces serious tangible of government that is traditionally work in this country. there are members of congress who got elected because, in fact, the tea party activists across the country were involved in the election. the tea partiers and outsiders -- i would remind john boehner that there was a time when he was the outsider that was an annoyance...
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come january, speaker boehner, senator mcconnell, will they be able to wrangle their caucuses. lou: i don't think they will have to wrangle them so much. i'm not sure that they are going to be pursuing what you are intimating. >> what are your thoughts? are you prepared to make compromi over this achieved asked? >> not if it retains t amnesty power, which means giving presents to those who are illegal in the country. it is a fiction to think that e suddenly embrace amnesty and abandon our principles. ronald reagan got 35% of the latino build. in 1986, he signed the amnesty bill. you would think that his or support would skyrocket. but we were wrong. the idea that we should abandon our principles, in order to go after those votes, simply historically does not work. >> the idea that we should do the opposite is just, it is rational. lou: we are going to have to leave it here
come january, speaker boehner, senator mcconnell, will they be able to wrangle their caucuses. lou: i don't think they will have to wrangle them so much. i'm not sure that they are going to be pursuing what you are intimating. >> what are your thoughts? are you prepared to make compromi over this achieved asked? >> not if it retains t amnesty power, which means giving presents to those who are illegal in the country. it is a fiction to think that e suddenly embrace amnesty and...
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what will speaker boehner say. and a cartoon rich person out of california, urinating on the poor, on the middle class, this is from a teacher's union. we'll talk about it, new at 10. d a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care profesonals who understand the difference that quality time with our members can make... that's a very nice ke! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professionals who helped us achieve the highest average star rating among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share withhe ones who matter most. love you, grandma! [ male announcer ] humana. ♪
what will speaker boehner say. and a cartoon rich person out of california, urinating on the poor, on the middle class, this is from a teacher's union. we'll talk about it, new at 10. d a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care profesonals who understand the difference that quality time with our members can make... that's a very nice ke! ohh! [ giggles ] [ male...
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not going to be an issue going forward and all we have now is a bunch of political posturing by john boehner and barack obama with the press. as we look at the market the market is holding up relatively well after a 4% rally and if you think of that we are still on the year and the market continues to go higher so i don't see any reason to believe there's not a deal in place. liz: is the fear of missing the rally now almost equal to the fear of getting crushed by the risk? >> i tell you what. anybody that has fear about missing the rally is a little misguided because all it takes is money to buy stocks and i would rather be late than right and early and wrong. >> i could not agree more. by high and sell high. you are not going to be the guy who buys it. liz: i caught the ball, you know. thank you so much for joining us on the floor show. a whole host of state leaders were at the white house talking to the president stressing the importance of getting a debt deal done before the end of the year. if the u.s. goes off of the fiscal cliff, their budgets, each of the state you live in would run a
not going to be an issue going forward and all we have now is a bunch of political posturing by john boehner and barack obama with the press. as we look at the market the market is holding up relatively well after a 4% rally and if you think of that we are still on the year and the market continues to go higher so i don't see any reason to believe there's not a deal in place. liz: is the fear of missing the rally now almost equal to the fear of getting crushed by the risk? >> i tell you...
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the word on the street is, by boehner, so read. we have to get the government out of the market. connell: you can see where the compromise could happen, if they wanted to make it happen. if they do, are you relatively optimistic about markets? >> yes,,we think so. the key word, it is actually risk to both sides of the market. that does not make sense. there is lots of risk to the upside. if somehow they do get it resolved, it will be a surprise to the market and the market should rally to the upside. everyone is looking forward to it. they will get it done. the question is when the stock. connell: they wait until after the new year. are we still the best of the bunch question that europe is still a mess. how is china doing? >> we are actually doing the best. just look at china. the chinese economy is actually not doing that well. there are a lot of complex. the new party just took over the control. there are a lot of things to figure out. the u.s. is in the best condition right now. we have to get past this fiscal cliff and move on. connell: we probably would be talking a lot mor
the word on the street is, by boehner, so read. we have to get the government out of the market. connell: you can see where the compromise could happen, if they wanted to make it happen. if they do, are you relatively optimistic about markets? >> yes,,we think so. the key word, it is actually risk to both sides of the market. that does not make sense. there is lots of risk to the upside. if somehow they do get it resolved, it will be a surprise to the market and the market should rally to...
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president does twitter q&a and response from boehner. the whole thing is nonsensical. >> we're looking not to be played and one of the ways we're doing that to point out, for example, the republicans have been incentivized to simply stand up and say until you come to the table and literally come to the table with john boehner and the president leading that discussion, at a given table on a given set of parameters to go forward, not much is going to happen. secondly they have incentivized the republicans to say, you know that sequestration deal? $1.22trillion in budget cuts and $600 billion in tax increases, you know what? if that is the best deal on the table, mr. president, the heck with you. we'll go with you. we'll accept your deal because that deal was created between both parties, the president and congress. and nobody can deny that. lori: perspective for you. thanks, lou. >> you got it. lori: you can catch lou every day with melissa and me at this time of course 7:00 and 10:00 eastern. tonight, michael roo mere recent for investors
president does twitter q&a and response from boehner. the whole thing is nonsensical. >> we're looking not to be played and one of the ways we're doing that to point out, for example, the republicans have been incentivized to simply stand up and say until you come to the table and literally come to the table with john boehner and the president leading that discussion, at a given table on a given set of parameters to go forward, not much is going to happen. secondly they have...
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for a little cash, say dollars 42 billion worth, the story how a new york governor tried to -- john boehner, i am neil cavuto, we may be on the brink but that does not mean cuomo still does not ge washington to give up some bank. 42 needed millions dollars for hurricane sandy relief. similar requests likely coming from governors in new jersey and connecttcut. who all together want this all too dumbing figure in post hurricane help, a hundred billion bucks, i don't know if they get all of it, but i think they get most, here is why americans, have big hearts, folks need help. they need a lot, many still without power, and without homes and without patience or hope, something needs to be done. judging from t back slapping help politicians, the governmt is still the one to do it but is it? think about it. if the road to virtue were paved with billion dollar bills then everyone in washington would be thpope, news flash, they are not, they are not good as getting bang for their buck. think of all those gas taxes that were to pay for those bridges, or tolls of no bridges to payor fixing those brid
for a little cash, say dollars 42 billion worth, the story how a new york governor tried to -- john boehner, i am neil cavuto, we may be on the brink but that does not mean cuomo still does not ge washington to give up some bank. 42 needed millions dollars for hurricane sandy relief. similar requests likely coming from governors in new jersey and connecttcut. who all together want this all too dumbing figure in post hurricane help, a hundred billion bucks, i don't know if they get all of it,...
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it was interesting this weekend to hear, for example, john boehner on with chris l wallace on fox news saying we're nowhere. shouldn't they counter with the president even if they think it's a ridiculous offer? >> if i'm advising the republicans, which i'm not, i'd over a republican plan that's progrowth, pro job creation, get rid of grover, and say this is what we're for, mr. president. here's the plan. i would say let's bargain in good faith. >> the sunday talk shows, geithner saying republicans need to deal with it, and others it's a stalemate. do you think that's for show though? it seems like the deals in washington, at this time of the year happen at the 11th hour, last three years especially for taxes. >> could have been for taxes, but,,and the but is very important, if there's a frame work december 31st at midnight, it will be just that. the markets will, i think, react predictly, and that's not positive. if there's a recession because there's not a tax plan, we'll be hurt. >> that's the wild card; right? how the markets reagent to it because we don't know. >> we don't. >> impo
it was interesting this weekend to hear, for example, john boehner on with chris l wallace on fox news saying we're nowhere. shouldn't they counter with the president even if they think it's a ridiculous offer? >> if i'm advising the republicans, which i'm not, i'd over a republican plan that's progrowth, pro job creation, get rid of grover, and say this is what we're for, mr. president. here's the plan. i would say let's bargain in good faith. >> the sunday talk shows, geithner...
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john boehner, he wants fewer deductions, limits on deductions. that's the status quo right now of the discussion there. i want to bring you to the big board because we're going nowhere this tuesday morning on very low volume. back below 13,000. tuesday morning, here's the company: elizabeth macdonald is with us. david asman is with us. and nicole petallides right there on the floor of the new york stock exchange. china, cracking down on money transfers at wynn macau casinos. i guess that wynn stock is going to be down? nicole: you are right. we're seeing the stock down nearly 4% here. this is not good news for them overall. basically china's new leadership cracking down on fast money moving. they are going to set rules where you can't -- restrict the limits on how much money can actually be taken out of the country. there are a lot of new rules that would be put in place. all of it is obviously for responsible gambling, but it seems to be a lot deeper than that. stuart: i've been to that casino in macau. i mean totally different from anything you
john boehner, he wants fewer deductions, limits on deductions. that's the status quo right now of the discussion there. i want to bring you to the big board because we're going nowhere this tuesday morning on very low volume. back below 13,000. tuesday morning, here's the company: elizabeth macdonald is with us. david asman is with us. and nicole petallides right there on the floor of the new york stock exchange. china, cracking down on money transfers at wynn macau casinos. i guess that wynn...
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they have a sense that they have boehner and the republicans in the house on the defensive. use the more republicans now saying they are willing to, in fact, raise tax rates if they get serious entitlement cuts and serious spending cuts. if the republican caucus and republican poliiical weight, at the moment, if you look at the polls, there is no dispute. although polls show that republicans will they are about three quarters of the blame. dagen: one of the reasons that bill kristol came out after the election and said they just need to step back and give way to these income tax rate increases because the president juan and they will wind up getting blamed one way or another if this thing goes wrong. >> you are talking about eligibility. maybe even taking it away a little bit. that is for upper income earners. if you just say, you know what, we will tailor it now. two people who really may arguably be said don't need it. i think that may be acceptable to democrats. dagen: would it be helpful to everybody if these discussions were open door and more transparent, which has bee
they have a sense that they have boehner and the republicans in the house on the defensive. use the more republicans now saying they are willing to, in fact, raise tax rates if they get serious entitlement cuts and serious spending cuts. if the republican caucus and republican poliiical weight, at the moment, if you look at the polls, there is no dispute. although polls show that republicans will they are about three quarters of the blame. dagen: one of the reasons that bill kristol came out...
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speaker boehner is demanding a face-to-face meeting with president obama and the pentagon is preparing for the worst. >> it could take a week to clear out the backlog of ships. we're live at the port of los angeles straight ahead. tracy: time for stocks as we do every 15 minutes. nicole petallides on the floor of the new york stock exchange. it has been a wild ride. a lot of it has to do with apple, right? >> the big picture, markets are higher. apple has come under pressure. let's look at the major market averages. the dow is up triple digits, completely erasing losses over last couple days. posting a gain for the week. tech-heavy nasdaq pom cost it is moving to the because weighed down by apple. research and findings have found that apple faces intense competition in the tablet market for ipad and ipad mini and probably will lose market share to android and even microsoft systems. you're seeing apple down 28, almost 29 bucks. a terrible day if you're a shareholder hoping to get to the upside. a lot of folks hope it will get back to 700. not today. look at citigroup on the other hand
speaker boehner is demanding a face-to-face meeting with president obama and the pentagon is preparing for the worst. >> it could take a week to clear out the backlog of ships. we're live at the port of los angeles straight ahead. tracy: time for stocks as we do every 15 minutes. nicole petallides on the floor of the new york stock exchange. it has been a wild ride. a lot of it has to do with apple, right? >> the big picture, markets are higher. apple has come under pressure. let's...
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house speaker boehner said that will be a debating point in the debt ceiling and in the fiscal cliff when it comes to that. ashley: certainly will. milton ms. rought at this, thanks for being with us for your perspective on the market when we see what happens in washington. thanks so much. >> thank you. tracy: he is oozing confidence in washington, isn't he? ashley: yes. dripping with sarcasm i think is more --. tracy: sham else about. i love that word. it's a shambles. there is so much more ahead this hour including a biotech ceo what is hurting innovation in the sector. you guessed it, obamacare. a corda's ron cohen is here. ashley: apple making lots of news with its stock swings. reports it is shifting production away from china back to the u.s. as we do this time every day, look how oil is trading. down nearly 2%. bun a buck 73 at 86.15 a barrel. we'd be right back there is no mass-produced human. every human being is unique. and there is one store tha. the sleep nuer store. the only place in the world you'll find the extraordinarily comfortable sleep number experience. an exclus
house speaker boehner said that will be a debating point in the debt ceiling and in the fiscal cliff when it comes to that. ashley: certainly will. milton ms. rought at this, thanks for being with us for your perspective on the market when we see what happens in washington. thanks so much. >> thank you. tracy: he is oozing confidence in washington, isn't he? ashley: yes. dripping with sarcasm i think is more --. tracy: sham else about. i love that word. it's a shambles. there is so much...